The Eplane Company Raises $1 Million To Build A Flying Electric Taxi
03/02/21, 9:25 PM
Location
bengaluruMoney raised
$1 million
Round Type
seed
The funding is expected to help The ePlane Company through the prototype stage of building a flying electric taxi with a range of 200 km and seating capacity of two.
Company Info
Location
bengaluru, karnataka, india
Additional Info
Liking this story?yesnoIncubated out of Indian Institute of Technology, Madras, the company was founded by Satya Chakravarthy, a professor of aerospace engineering at the institute, along with Pranjal Mehta, who graduated from IIT Madras in 2019.Together with a team of around 15 engineers, the duo has tested a small-scale unmanned prototype of its flying electric taxi and is on track to build and fly a larger model with a 50 kg payload by mid-2021.ETtechWith a team of around 15 engineers, The ePlane Company has tested a small-scale unmanned prototype of its flying electric taxi and is on track to build and fly a larger model with a 50 kg payload by mid-2021.